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Shares of Oracle Corp. ORCL advanced 1.65% to $67.63 Thursday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX rising 0.95% to 3,795.73 and the Dow Jones Industrial Average DJIA rising 0.64% to 30,677.36. The stock's rise snapped a five-day losing streak. Oracle Corp. closed $38.71 below its 52-week high ($106.34), which the company reached on December 10th.
The stock underperformed when compared to some of its competitors Thursday, as Microsoft Corp. MSFT rose 2.26% to $258.86, Adobe Inc. ADBE rose 3.10% to $376.64, and Salesforce Inc. CRM rose 3.34% to $173.05. Trading volume (8.8 M) eclipsed its 50-day average volume of 8.3 M.
Data source: Dow Jones Market Data, FactSet. Data compiled June 23, 2022.
(END) Dow Jones Newswires
June 23, 2022 17:12 ET (21:12 GMT)
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